digital ID

Digital IDs can be authenticated over digital channels, also known as digital certificates, that use a digital signature to bind together a public key with an identity. Digital Identity is information on an entity used by computer systems to represent an external agent. That agent may be a person, organization, application, or device. ISO/IEC 24760-1 defines identity as "set of attributes related to an entity".

Source: en.wikipedia.org

SpyCloud Secures $110 Million Funding to Strengthen Digital Identity Protection
SpyCloud Secures $110 Million Funding to Strengthen Digital Identity Protection
August 23, 2023  |  Investments

SpyCloud has secured $110 million in a growth round of funding to expand globally and enhance its authentication bypass prevention solutions, further fortifying digital identities against...

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Snapshot-to-Digital IDs and Private Passes Expand Google Wallet’s Role as Credentials Hub  
Snapshot-to-Digital IDs and Private Passes Expand Google Wallet’s Role as Credentials Hub  
June 01, 2023  |  Payment Methods

General-purpose digital wallets started life in most parts of the world, including the U.S., as substitutes for physical credit cards at the point of sale...

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Yoti and Lloyds Banking Group Partner on a Reusable Digital Identity
Yoti and Lloyds Banking Group Partner on a Reusable Digital Identity
March 09, 2023  |  Security & Fraud

Lloyds Banking Group is supporting Yoti in developing a reusable digital identity solution. The support includes a £10 million (about $12 million) investment in the United Kingdom-based digital...

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PYMNTS Intelligence: Interest in Advanced Digital ID Growing to Address Convenience, Safety Concerns
PYMNTS Intelligence: Interest in Advanced Digital ID Growing to Address Convenience, Safety Concerns
February 14, 2023  |  Digital Identity

Consumers do not like waiting to access their accounts. According to PYMNTS’ research, nearly half of consumers have concerns about waiting a long time during identification...

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UK Sets Stage for Future Digital ID Legislation and Data Use
UK Sets Stage for Future Digital ID Legislation and Data Use
February 03, 2023  |  Regulation

The U.K. government is seeking public comment on how to make it easier to prove one’s identity online. Consumers can comment on the draft legislation...

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Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
February 03, 2023  |  Security & Fraud

 Not knowing who’s on the other side of the transaction is expensive.  As noted here last month, financial institutions (FIs) were fined nearly $5 billion for...

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Kenya Attempts to Breathe New Life Into Digital ID Scheme
Kenya Attempts to Breathe New Life Into Digital ID Scheme
January 30, 2023  |  emea

The Kenyan government is pushing for a nationwide digital ID scheme. But the years-long implementation so far has been beset with complications. The government’s attempts...

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Prove Names FIS Exec Nicole Jass as CPO and Twilio’s Scott Bonnell as CRO
Prove Names FIS Exec Nicole Jass as CPO and Twilio’s Scott Bonnell as CRO
November 08, 2022  |  Personnel

Digital identity company Prove Identity has added two new members to its executive team to meet what it says is a rising demand for identity...

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Putting One-Time Passwords Out to Pasture
Putting One-Time Passwords Out to Pasture
November 01, 2022  |  Security & Fraud

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked...

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